CITY FEED AND LUMBER CO., INC. (VT) - 2020 PPP Loan Borrower Profile (# 2708637109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CITY FEED AND LUMBER CO., INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Vermont.

Loan Detail

Loan Number

2708637109

SBA Office Code

0150

Processing Method

PPP

Curent Loan Amount

$1,390,800

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$1,404,212.65

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

173,850

Payroll Proced

1,043,100

Mortgage Interest Proceed

173,850

Lender

NBT Bank, National Association

Business Detail

Business Type

Corporation

NAICS

444110

Borrower Location

SAINT ALBANS, VT

Project Location

SAINT ALBANS, VT

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

126

Business Age Description

Existing or more than 2 years old

Data Source: SBA.